Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
SoftBank Robotics, a subsidiary of the Japanese group located in France and specialized in the design of humanoid robots Pepper and Nao, launched a layoff plan that aims to cut nearly half of its jobs in France, amounting to around 165 positions out of 330.
The high prices of the robots, the lack of success of humanoid robots due to their low acceptance in Western countries compared to Asia and the loss of about 100 million euros over the last three years led to this decision. Softbank is renouncing the commercialisation and development of its humanoid robots in Europe, while shifting focus to new robotic products developed in Japan
Eurofound (2021), SoftBank Robotics, Internal restructuring in France, factsheet number 203232, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203232.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
